BlockBeats News, December 30th, according to GMGN monitoring, the Solana-based Meme coin HNUT experienced a sharp price fluctuation today, with a 703% surge in 24 hours, currently trading at $0.055, with a market capitalization of around $55.03 million, ranking 11th in market capitalization and third in the 24-hour trading volume leaderboard. The token’s trading volume in the past 24 hours is around $5.5 million, with the number of holding addresses surpassing 10,000.
HNUT originated from the fun graphics and text about “Holly The Squirrel” on social media. However, multiple on-chain monitoring platforms, including Crypto Scope, have pointed out that its liquidity activity and on-chain data pattern are abnormal, indicating the presence of RUG risk and reminding investors to stay cautious.
BlockBeats reminds users that Meme coins are highly volatile, rely heavily on market sentiment and hype, have no actual value or use case, and investors should be aware of the risks.
